Real Estate Advice
As an investor, you are probably familiar with the 70% rule. The rule says that investors should pay 70% of the ARV minus repairs for an investment property. The percentage can change from market to market, but one thing doesn’t change -- the formula's reliance on accurate after-repair-value and estimated repair costs. ...
When investing in real estate you'll have to decide if you want to buy the house with cash or a mortgage loan from the bank. I discuss how a mortgage can impact your return on investment from the rental property in today's article. Click to read or hit save to share!
Getting into the real estate game and buying your first investment property is exciting, and a little scary, but it is the first crucial step in taking control of your financial future. It will create the first stream of passive income, which will cover part of your living expenses so that you don’t have to actively work for that money anymore. This infographic from Maverick Investor Group lays out 10 basic steps for beginners in investment property.